Which of the following would reduce the natural rate of unemployment?
A)The Internet provides more readily available information about available jobs.
B)Congress increases the minimum wage.
C)Laws are passed that make it more difficult to monitor the efforts of workers.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The Internet provides more readily available information about available jobs, which can help reduce the natural rate of unemployment by making it easier for job seekers to find employment opportunities.

Answer: B is incorrect because increasing the minimum wage can actually increase the natural rate of unemployment as it may lead to job losses and reduced hiring.

Answer: C is incorrect because making it more difficult to monitor worker efforts can reduce productivity and efficiency, which can increase the natural rate of unemployment.

Answer: D is incorrect because only choice A would reduce the natural rate of unemployment.

Which of the Following Would Reduce the Natural Rate of Unemployment